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Transport

Momenta moves to $46m series B

Nio Capital co-led the round, which also featured Daimler, and which will be used to enhance and commercialise Momenta's autonomous car technology.


Jul 25, 2017

SoftBank mulls multi-billion dollar Uber bet

SoftBank is reportedly seeking to make a large investment in the ride hailing platform which would comprise the purchase of primary and secondary shares.

Jul 25, 2017

Ola and Microsoft discuss funding pickup

Microsoft may invest $50m to $100m in Ola as part of a strategic agreement that will involve the ride hailing service switching to its cloud platform, Azure.

Jul 25, 2017

Big Deal: Grab snatches $2bn

Existing investors SoftBank and Didi Chuxing invested $2bn at a $6bn post-money valuation, and Grab aims to use the money to expand its services far beyond ride hailing.

Jul 24, 2017

Shift moves BMW into shareholder position to raise $38m

Used vehicle e-commerce platform Shift has now raised more than $110m altogether and added BMW i Ventures to its investor base.

Jul 20, 2017

Xiaoming Bike pedals to series B round

The Cronus Bike-backed bicycle sharing service has raised series B funding to expand its network of parking areas and upgrade its offering.

Jul 19, 2017

Nauto navigates its way to $159m

SoftBank co-led the autonomous car technology developer's series B round, which included BMW iVentures, General Motors Ventures, Toyota AI Ventures and Allianz Ventures.

Jul 19, 2017

SoftBank shows interest in Uber stake

The corporate has reportedly held talks with early Uber shareholders including Benchmark to discuss a secondary share sale.

Jul 18, 2017

Big Deal: Yandex Taxi catches an Uber

Uber's operations in four Eastern European countries will merge with Yandex Taxi in a deal that could signify it plans to take a less direct, CVC-influenced approach to some markets.

Jul 17, 2017

Cubic to square $40m in funding

Cubic Telecom is in the process of closing another funding round, some two years after a $20m round backed by Audi Electronics Venture, Qualcomm and Sierra Wireless.

Jul 17, 2017

Grab to take up to $2bn in next round

The Southeast Asian ride hailing platform is reportedly in talks with SoftBank and Didi Chuxing to raise up to $2bn at a valuation of more than $5bn.

Jul 17, 2017
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